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LEG Immobilien Full Year 2024 Earnings: Misses Expectations

In This Article:

LEG Immobilien (ETR:LEG) Full Year 2024 Results

Key Financial Results

  • Revenue: €1.57b (up 15% from FY 2023).

  • Net income: €66.0m (up from €1.57b loss in FY 2023).

  • Profit margin: 4.2% (up from net loss in FY 2023).

  • EPS: €0.89 (up from €21.17 loss in FY 2023).

earnings-and-revenue-growth
XTRA:LEG Earnings and Revenue Growth March 11th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

LEG Immobilien Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 54%.

Looking ahead, revenue is expected to fall by 20% p.a. on average during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for LEG Immobilien (1 shouldn't be ignored!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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